Malaysian cryptocurrency regulation comes into effect on Tuesday, Reuters reports on Monday, Jan. 14. The Malaysian finance minister, Lim Guan Eng, reportedly said today that the Capital Markets and Services Order 2019 would become effective on Jan. 15. According to Reuters, the new regulation classifies digital currencies, tokens and crypto-assets as securities, placing them under the Securities Commission’s authority. Starting […]

Crypto Debit cards too. While in 2018 traditional credit card providers have made it more difficult to buy crypto with them, with the likes of Bakkt getting into the picture crypto futures, ETFs and now crypto credit cards seem like inevitable things to come in a mainstream way. Wall Street’s entry into the crypto sector changes everything in […]

You can’t get potential token-buyers to trust you overnight. As the old saying goes, trust is earned. As the SEC comes closer and closer to a crackdown on the “utility” tokens that function as unregistered securities, a new breed of token is emerging: the security token, backed by real-world assets, and fully SEC-compliant. Securities-backed tokens […]

A blockchain team from Royal Bank of Scotland (RBS) has left to start a blockchain “venture studio” called Chorum. Revealed exclusively to CoinDesk, Richard Crook, who headed up the RBS innovation team, takes with him engineers Mark Simpson, Ben Wyeth and Farzad Pezeshkpour. Their move is the latest in a string of departures by enterprise […]

Prime Trust, a small U.S. financial institution that’s played a behind-the-scenes role in several dollar-backed cryptocurrencies, is entering the hotly competitive crypto custody business. Revealed exclusively to CoinDesk, the Nevada trust company quietly began offering cold storage for bitcoin in mid-July, and will announce next week that it can also handle custody for ether and any […]

Despite McDonald’s offering healthier options, it’s signature menu items are higher in salt, calories and sugar than they were 30 years ago, according to a report. Buzz 60’s Chandra Lanier has the story. Buzz60 It’s not exactly pennies from heaven, but McDonald’s is planning to make it rain coins to celebrate the Big Mac’s 50th anniversary. Starting […]

By Jozef Jones The United States Commodity Futures Trading Commission (CFTC) has issued another warning to consumers, advising them to exercise caution and carry out comprehensive research before investing in any cryptocurrencies, including those advertised as utility coins or consumption coins. The alert, which came in the form of a Customer Advisory warning posted on the CFTC website on […]

Jeffrey Rogers Stablecoin Tether (USDT), which is allegedly backed 1:1 by the US dollar, has issued 250 million more tokens today, June 25, according to data from Omni Explorer. At the end of March, Tether had released 300 million tokens, leading to a small price increase for Bitcoin (BTC). The move also was met with backlash from critics on Twitter about […]

By Laura Desmond Last summer I wrote Traditional Asset Tokenization, in which I hypothesized that a broad array of assets will move to blockchain records of ownership (represented by tokens), thereby changing the way society holds and transfers investments. A lot has transpired since last summer. In short, it’s happening — the infrastructure to support security tokens is […]

By Laura Desmond Loom Network is building our Layer 2 on top of Ethereum, instead of other blockchain platforms — and here’s why. Each month, another company publishes a whitepaper, claiming to have solved the scalability problems faced by Ethereum. These new blockchains claim to be better, faster, and smarter than Ethereum — they say they can handle thousands, even millions of […]